Question

For holding securities in an electronic form, the investor has to open a demat account with an organisation called ______. 

Options

• Depository

• Securities and Exchange Board of India

• Stock Exchange

• Mutual Fund

Answer 1

For holding securities in an electronic form, the investor has to open a demat account with an organisation called depository.

Explanation:

A depository is an institution that electronically stores securities at the request of investors through a registered participant.